Bullish Case: Increased capital investments and institutional holding indicate confidence in WEC's growth potential and undervaluation against fair value, amidst market adversity.


Bearish Case: Warm weather reducing earnings forecasts and mean-reverting price action suggests a potential lack of positive catalysts, pressuring WEC's price.


Potential Outcomes: [tipranks.com] Higher institutional buying supports a rebound, 30%. [Market Watch] Continuation of bearish trend due to headwinds, 40%. [defenseworld.net] Sideways movement in absence of catalysts, 30%.


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April 03, 2024


WEC Energy Forecast

WEC        WEC Energy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with WEC



EVRG Forecast + Options Trading Strategies   [EVRG]  Evergy (0.91)


PNW Forecast + Options Trading Strategies   [PNW]  Pinnacle West (0.91)


ES Forecast + Options Trading Strategies   [ES]  Eversource Energy (0.9)


LEG Forecast + Options Trading Strategies   [LEG]  Leggett & Platt (0.89)


HDB Forecast + Options Trading Strategies   [HDB]  HDFC (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to WEC



AAPL Forecast + Options Trading Strategies   [AAPL]  Apple (0.0)


IREN Forecast + Options Trading Strategies   [IREN]  IREN (0.0)


BXMT Forecast + Options Trading Strategies   [BXMT]  Blackstone Mortgage (0.0)


IONQ Forecast + Options Trading Strategies   [IONQ]  IonQ (0.01)


ANNX Forecast + Options Trading Strategies   [ANNX]  Annexon (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WEC



CLS Forecast + Options Trading Strategies   [CLS]  Celestica (-0.85)


APP Forecast + Options Trading Strategies   [APP]  Applovin Corp (-0.85)


MMYT Forecast + Options Trading Strategies   [MMYT]  MakeMyTrip (-0.85)


ANF Forecast + Options Trading Strategies   [ANF]  Abercrombie & Fitch (-0.86)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.91)





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